Cost of oil Georgia imports from Azerbaijan decreased by 34%

The cost of oil and petroleum products Georgia imported from Azerbaijan for Jan-Aug 2020 declined by 34% or by $23.07 million (versus Jan-Aug 2019) to $44.598 million

Oil drops in price after last week’s rise, and Brent is at $43.03 a barrel

Baku to host Energy Charter Forum – this time in video format

The Baku International Energy Charter forum will be organized within the framework of cooperation with the International Energy Charter and the Ministry of Energy.

Oil price grows, and Brent is at $43.60 a barrel

Benchmark oil prices are increasing in the course of Friday`s trading

14 bn cu m of natural gas extracted from this field

So far, about 176.4 million tons of oil and 14 bn cu m meters of natural gas have been extracted from field Neft Dashalri (Oil Rocks).

Oil prices decline, and Brent is at $41.73 a barrel

Benchmark oil prices are falling in Thursday`s trading after a steady rise following the previous trading results

Oil prices rise amid API data about fall of US inventories, and Brent is at $41.15 a barrel

Oil price is growing in Wednesday`s trading amid the data from the American Petroleum Institute (API), which showed a decrease in US reserves by 9.52 million barrels at the end of last week

Production in extractive industry fell by 5.2% for Jan-Aug

Over Jan-Aug 2020 Azerbaijan produced 23.42 million tons of crude oil (including gas condensate) and 24.9 bn cu m of natural gas.

SOCAR opens 50th gas station in Europe

The State Oil Company of Azerbaijan (SOCAR) has put into operation the 50th gas station in Romania.

Azerbaijan`s crude oil sale earnings sharply fell more than by $3 bn

The State Customs Committee of Azerbaijan has published a report for Jan-Aug 2020

Oil prices decline, and Brent is at $39.53 a barrel

Oil keeps on falling in price on Tuesday after a slight drop in prices at the end of the previous session.

Azerbaijan reduced generating electricity in August

New SOCAR-Petroleum refueling station commissioned

A new gas station under the SOCAR brand has been put into operation in Salyan, on the 119 km of Baku-Astara road

Oil prices rise after last week’s falling, and Brent is at $39.94 a barrel

Benchmark oil prices are rising on Monday after a sharp decline following the past week

Oil cheapens and may end second week with a price decline, and Brent is at $39.93 a barrel

In the course of the trading on Friday the oil prices are falling amid the data on US inventories published the day before and concerns about demand

Oil prices fall amid data about growth of stocks in U.S., and Brent is at $40.76 a barrel

Oil prices are declining on Thursday amid the data from the American Petroleum Institute, which showed an increase in US reserves by 3 million barrels last week

Azerbaijan’s oil production reached 669,100 bpd for August

Azerbaijan exceeded its obligations within OPEC+ in August

Gasoline in Georgia to rise in price

Gas prices are likely to increased in Georgia in the coming months

Oil price keeps on falling after drop to lower limit for past 3 months, and Brent is at $39.72 a barrel

Benchmark oil prices continued to decline on Wednesday, falling the day before to the lowest level since June

MP forecast: Causes of decline in oil prices

Oil price falls, and price of Brent drops to $41.91 a barrel

Oil prices are lowering on Tuesday amid signals that the demand will remain weak